Coppell Advisory Solutions LLC Takes $60,000 Position in Broadcom Inc. $AVGO

Key Points

• Coppell Advisory Solutions initiated a Broadcom position of 15,834 shares valued at approximately $60,000 during the second quarter. Institutional investors collectively own 76.43% of the company.
• Broadcom reported quarterly EPS of $3.32 and revenue of $29.59 billion, exceeding analyst estimates; revenue increased 85.5% year over year. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $505.97.
• Broadcom’s AI semiconductor growth outlook remains a key catalyst, but its high valuation, rising Treasury yields, and potential competition from customers’ internally developed chips pose risks. Shares recently opened at $361.99, compared with a 52-week range of $289.96 to $495.00.

Coppell Advisory Solutions LLC purchased a new position in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 15,834 shares of the semiconductor manufacturer's stock, valued at approximately $60,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Emergent Wealth Advisors LLC lifted its stake in Broadcom by 8.3% in the 2nd quarter. Emergent Wealth Advisors LLC now owns 5,214 shares of the semiconductor manufacturer's stock valued at $1,990,000 after buying an additional 398 shares in the last quarter. PFG Private Wealth Management LLC purchased a new stake in shares of Broadcom in the second quarter valued at $272,000. Firestone Capital Management acquired a new position in Broadcom in the 2nd quarter valued at about $239,000. PYA Waltman Capital LLC lifted its holdings in Broadcom by 21.0% in the 2nd quarter. PYA Waltman Capital LLC now owns 14,024 shares of the semiconductor manufacturer's stock valued at $5,297,000 after purchasing an additional 2,438 shares in the last quarter. Finally, Sunburst Financial Group LLC grew its holdings in shares of Broadcom by 10.4% during the second quarter. Sunburst Financial Group LLC now owns 5,737 shares of the semiconductor manufacturer's stock worth $2,167,000 after buying an additional 540 shares in the last quarter. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AVGO has been the topic of a number of analyst reports. BMO Capital Markets raised their target price on shares of Broadcom from $455.00 to $575.00 and gave the stock an "outperform" rating in a research report on Thursday, September 3rd. Rosenblatt Securities initiated coverage on Broadcom in a report on Thursday, September 3rd. They set a "buy" rating and a $600.00 price objective on the stock. Piper Sandler started coverage on Broadcom in a research report on Wednesday. They issued an "overweight" rating and a $460.00 price objective for the company. Lake Street Capital upgraded Broadcom to a "buy" rating in a research note on Thursday, September 3rd. Finally, Oppenheimer reiterated an "outperform" rating and set a $535.00 target price (up from $450.00) on shares of Broadcom in a research report on Thursday, June 4th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, Broadcom currently has a consensus rating of "Moderate Buy" and a consensus target price of $505.97.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Analyst upgrade: Piper Sandler upgraded Broadcom to “strong buy,” reinforcing confidence in the company’s earnings growth and AI semiconductor outlook. Zacks Broadcom analyst upgrade
• Positive Sentiment: AI revenue expectations remain a major catalyst: Broadcom projects approximately $115 billion in AI semiconductor revenue for fiscal 2027 and $230 billion for fiscal 2028. Custom accelerators and networking products are benefiting from hyperscalers seeking lower-cost, workload-specific alternatives to Nvidia’s chips. Broadcom AI semiconductor revenue forecast
• Positive Sentiment: Strong customer demand: OpenAI, Anthropic, Alphabet and Meta are cited as buyers or potential buyers of Broadcom-designed accelerators, supporting the view that the company can gain share as AI infrastructure becomes more diversified. Broadcom custom AI accelerator demand
• Positive Sentiment: Recent execution was solid: Broadcom exceeded quarterly earnings and revenue estimates, while revenue rose sharply year over year. Analysts continue to argue that improving profits could eventually support a significantly higher valuation. Broadcom earnings and analyst coverage
• Neutral Sentiment: Market and valuation backdrop: Rising Treasury yields and a high earnings multiple are encouraging investors to scrutinize expensive AI stocks, even when long-term demand remains strong. Broadcom’s ability to deliver on its 2027–2028 forecasts will be critical.
• Negative Sentiment: Competitive uncertainty: Google’s internal chip efforts and OpenAI’s newly disclosed Samsung partnership have raised questions about whether some future custom-chip business could bypass Broadcom. The impact is unclear, but the developments may pressure near-term sentiment. Broadcom Google chip risks

Insider Activity at Broadcom

In other Broadcom news, insider Mark Brazeal sold 25,000 shares of the business's stock in a transaction on Friday, July 10th. The shares were sold at an average price of $401.33, for a total transaction of $10,033,250.00. Following the completion of the sale, the insider owned 194,989 shares in the company, valued at $78,254,935.37. The trade was a 11.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Gayla J. Delly sold 1,890 shares of the stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $385.38, for a total transaction of $728,368.20. Following the sale, the director directly owned 31,326 shares in the company, valued at $12,072,413.88. This trade represents a 5.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 61,644 shares of company stock valued at $24,016,214. Corporate insiders own 1.90% of the company's stock.

Broadcom Price Performance

Shares of AVGO stock opened at $361.99 on Friday. The firm has a market cap of $1.72 trillion, a P/E ratio of 46.23 and a beta of 1.44. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.50 and a quick ratio of 2.29. Broadcom Inc. has a 1-year low of $289.96 and a 1-year high of $495.00. The firm has a fifty day moving average of $383.03 and a two-hundred day moving average of $378.32.

Broadcom (NASDAQ:AVGO - Get Free Report) last issued its earnings results on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.22 by $0.10. Broadcom had a net margin of 42.94% and a return on equity of 48.33%. The business had revenue of $29.59 billion for the quarter, compared to analyst estimates of $29.24 billion. During the same quarter in the prior year, the business posted $1.69 EPS. The company's revenue for the quarter was up 85.5% on a year-over-year basis. As a group, research analysts anticipate that Broadcom Inc. will post 10.36 earnings per share for the current fiscal year.

Broadcom Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be given a $0.65 dividend. The ex-dividend date is Monday, September 21st. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. Broadcom's dividend payout ratio (DPR) is presently 33.21%.

Broadcom Profile

Broadcom Inc NASDAQ: AVGO designs, develops and supplies semiconductor and infrastructure software products for businesses, telecommunications providers and other organizations worldwide. Its semiconductor portfolio includes networking and connectivity components, custom application-specific integrated circuits, broadband and wireless communications products, storage adapters, optical components, and industrial solutions.

The company also provides enterprise infrastructure software through businesses including VMware, which offers virtualization and private- and hybrid-cloud solutions; mainframe and enterprise software; and cybersecurity products.

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